Who wants to buy a home in New Jersey? And what happened to the American Dream?

February 7, 2018

Millenials who are just getting into the age of considering homeownership have been especially affected.

“They are saddled with [student loan] debt,” said James Hughes, dean emeritus of the Edward J. Bloustein School of Planning and Public Policy at Rutgers. “Their credit ratings are not that high so banks are reluctant to loan to them.”

NJ.com, Feb. 7, 2018

Recent Posts

New Report – State of the Climate: New Jersey 2024

Overview The State of the Climate: New Jersey report annually summarizes updated scientific information on climate trends and projections that can be used by state and local decision-makers, researchers, hazard planning and climate resilience professionals, and...

NJSPL: How E-Bikes Could Bridge the Healthcare Gap

by Yingning Xie Pedaling Toward Access: How E-Bikes Could Bridge the Healthcare Gap Imagine needing medical care but being sidelined by the simple fact that you can’t get to your provider. In New Jersey, and across the U.S., accessing healthcare and wellness support...

“Work Trends RU” Podcast with Rachel Korberg

This week's guest on the Heldrich Center's Work Trends RU podcast is Rachel Korberg, Executive Director and Co-Founder of the Families and Workers Fund. Rachel is also a member of the Heldrich Center’s National Advisory Board. In this episode, Rachel shares: The...

Report Release: R/ECON Forecast Summer 2025

Read Report R/ECON’s economic forecast for New Jersey as of mid-2025 continues to show a slowing trajectory. Annual GDP growth is projected at just 0.5% for 2025, significantly lower than in prior forecasts and markedly below the national rate of 1.5%. Growth will...

New Publication from Payne: Digital Twin or Digital Kin?

Digital Twin or Digital Kin: Misunderstandings and Myths about Urban Simulation, and Directions for Change Abstract Using three case studies from the United States and Australia, this article explores the conditions required to make urban digital twin projects...